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Nurse Practitioner Salary in Philadelphia, PA

How much does a nurse practitioner make in Philadelphia? Explore median, entry-level, and senior salaries adjusted for Philadelphia's cost of living.

Median Salary
$131,590
per year in Philadelphia
Entry Level
$87,727
Starting salary
Senior Level
$176,523
Experienced professionals
Cost of Living
113
13% above national avg

Salary Breakdown by Experience Level

See how nurse practitioner salaries break down across different pay periods in Philadelphia.

PeriodEntry LevelMedianSenior
Annual$87,727$131,590$176,523
Monthly$7,311$10,966$14,710
Biweekly$3,374$5,061$6,789
Weekly$1,687$2,531$3,395
Hourly$42$63$85

Philadelphia vs National Average

How Philadelphia's nurse practitioner salaries compare to national figures.

Philadelphia Salary
$131,590
COL Index: 113
National Average
$132,390
COL Index: 100
Difference
-$800
Lower in Philadelphia

Cost of Living in Philadelphia

1-Bedroom Rent
$1,650
per month
Median Income
$55,824
per year
Population
1,603,797
residents
Rent % of Income
35.5%
median household
Cost of Living Index: 113 — A score of 100 represents the U.S. average. Salaries in Philadelphia have been adjusted to account for local cost differences.

About Nurse Practitioner

Overview

Provide clinical care and can prescribe medications in specialized areas.

Education

Master's degree in Nursing plus RN license and NP certification

Key Skills

Advanced NursingDiagnosisPatient CareClinical Assessment

Growth Rate

Expected job growth: +20% over the next decade

Compare Cities: Nurse Practitioner Salary

See Nurse Practitioner salaries in other top cities.

New York, NY
$152,790
+16%
Los Angeles, CA
$164,510
+25%
Chicago, IL
$131,690
+0%
Houston, TX
$133,140
+1%
Phoenix, AZ
$134,630
+2%

Financial Tools to Explore

Use these Pulsafi calculators to understand your finances based on a nurse practitioner salary in Philadelphia.

Salary Breakdown Calculator

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Cost of Living Calculator

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Rent vs Buy Calculator

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Nurse Practitioner Salary in Philadelphia, PA — Complete Guide

Median Salary Overview

The median salary for a nurse practitioner in Philadelphia, PA is $131,590 per year, adjusted for the local cost of living index of 113. This figure reflects typical earnings for experienced professionals in this role, considering Philadelphia's unique economic conditions.

Salary Range and Experience Levels

Entry-level nurse practitioner professionals in Philadelphia can expect to earn around $87,727 annually. As professionals gain experience, salaries typically increase, with senior-level nurse practitioners earning approximately $176,523 per year. This represents a 101% increase from entry to senior level.

Cost of Living Adjustment

Philadelphia's cost of living index of 113 significantly impacts salary comparisons. As a higher cost-of-living city, salaries in Philadelphia are adjusted accordingly. This means that while the nominal salary may appear higher or lower than the national average of $132,390, the actual purchasing power must be considered in context.

Housing and Affordability

A significant portion of a nurse practitioner's salary in Philadelphia typically goes toward housing. With a 1-bedroom apartment averaging $1,650 per month, housing represents about 15.0% of median salary. Financial experts generally recommend keeping housing expenses below 30% of gross income.

Career Growth and Opportunities

Nurse Practitioners are in growing demand across the United States, with an expected job growth of 20% over the next decade. In Philadelphia, this translates to increasing opportunities and potential for salary growth as demand for experienced professionals continues to rise.

Source: BLS OEWS May 2024Metro-level wage data for this occupation and area
Data source: Salary data on this page are sourced from Bureau of Labor Statistics (BLS) Occupational Employment and Wage Statistics (OEWS) program May 2024 estimates. Figures are approximate and intended for informational purposes only. Actual salaries may vary based on employer, experience, education, certifications, and local market conditions. This page does not constitute financial or career advice. For the most current wage data, visit bls.gov.